Telecom EgyptE (CAI:ETEL) Accounts Payable & Accrued Expense : E£24,405 Mil (As of Dec. 2023)

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What is Telecom EgyptE Accounts Payable & Accrued Expense?

Telecom EgyptE's quarterly accounts payable & accrued expense increased from Jun. 2023 (E£19,159 Mil) to Sep. 2023 (E£25,023 Mil) but then declined from Sep. 2023 (E£25,023 Mil) to Dec. 2023 (E£24,405 Mil).

Telecom EgyptE's annual accounts payable & accrued expense increased from Dec. 2021 (E£14,325 Mil) to Dec. 2022 (E£23,893 Mil) and increased from Dec. 2022 (E£23,893 Mil) to Dec. 2023 (E£24,405 Mil).

Telecom EgyptE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Telecom EgyptE's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Telecom EgyptE Accounts Payable & Accrued Expense Chart

Telecom EgyptE Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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14,077.00

16,540.19

14,324.60

23,892.62

24,405.07

Telecom EgyptE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															23,892.62	25,653.94	19,158.72	25,023.16	24,405.07

Telecom EgyptE Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Telecom EgyptE (CAI:ETEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Egypt SAE (CAI:ETEL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

B7 Building, Smart Village, K28 Cairo-Alexandria Desert Road, Cairo, EGY, 12577

Website

https://www.te.eg

Telecom Egypt SAE is the country's sole provider of fixed-line voice telecommunication services, where it generates the vast majority of its revenue. The company provides voice services, Internet, and data services in three segments: Communications marine cables and infrastructure services, Internet services, Outsourcing services. Additionally, because of Telecom Egypt's ownership of telecommunication infrastructure, there is wholesale revenue. This constitutes the majority of overall company revenue.

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